A junior college district’s local share of base tier funding is an amount equal to the sum of the amounts of revenue estimated to be generated by:
(1) imposing a maintenance and operations ad valorem tax in the district at a rate of $0.05; and
(2) assessing an amount of tuition and fees to each full-time equivalent student enrolled in the district equal to the statewide average amount of tuition and fees assessed by junior college districts to a full-time equivalent student, determined as provided by coordinating board rule.